Professor Sauer over at the Sports Economist reflects in this post on the impact of the Kelo decision on governmental promotion of redevelopment boondoggles related to new stadium construction.
The entire post is a must read, as reflected by the following excerpt:

The economic literature on stadium subsidies is thus very clear: economic development provides no basis for justifying public investment in stadia. Yet peddlers of fantasy under the economic development banner make their living aiding and abetting major league owners in their quest for public handouts. In Kelo, the Supreme Court had the opportunity to ban this tripe from the courtroom in takings cases. But the decision gives these same peddlers the license to aid and abet developers in tearing down neighborhoods.

As Harris County figures out whether to undertake the boondoggle of converting the Astrodome into another underperforming convention center hotel, I am now officially marking time until a promoter engages Commissioner’s Court with plans for a “Texanville” development next to the Dome and Reliant Stadium.